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HomeFinancial FraudCredit card scam gains traction at Edmonton auto shops

Credit card scam gains traction at Edmonton auto shops

Credit card scammers who prey on local auto shops defrauded one Edmonton retailer out of $36,000 in a single transaction last year, police say.

The scammers used stolen credit cards to try to buy tires in bulk over the phone, said investigator Linda Herczeg, a detective with the EPS economic crimes section.

Police investigated eight cases where fraudulent credit cards were used for bulk tire purchases in 2016, with a total loss to Edmonton retailers of $70,485.

Read more at CBC News

This article is summarized by Canadian Fraud News Inc.

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